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does anyone know why there was such high buy volume at EOD?
IMO....we double today. Obamo becoming president is really good for this company. He wants to support it~
Yahoo Financial
Yahoo financial
est. 1 year target is $2.00+
He means both.
Yes, Exactly! This is getting alot of attention per volume number. I say we go above the 52-week High of .32 in the next couple weeks for sure
does anybody know y they would reschedule the hearing for the 4.4 billion. I mean does anyone think that the judge is letting someone unravel here?
y is that date so important
Why do some of these guyz think since the stock is going down -.00000005 that the 4.4 Billion didnt do anything. We dont even have it yet lolol. After the judge signes off then it will slighty show some movement upwards and then in a couple days or how ever long it takes for Wamu to withdraw that money then we rock! Sometimes people get way to exited
we havent even got the 4.4 Billion yet jeezz. The judge signes off on it today.
We might have a slow day today. But when we actually have that 4.4 Billion in Wamu posession then the PPS will sky rocket. Today is the. Remember the judge is just signing off on it today. Soo im not sure if Wamu has the money instantly or it takes a coupke days after?
They will come out fine though. hey have enoug assets
WAMU Q
Q stands for bankruptsy
No man, Monday!
yah and im going to take advice from ONE guy that cant back up his facts on y this would go to ZERO
you wont be laughing when you on the fence and they halt and re-open around 3 dollars. or if there is a buy out.... do some DD for once man
I know that the big dogs arnt selling that have been buying hundreds of thousands of shares at a time
Very good post! Im holding anyways....you have to be losing your marbles if you sell.
HUH? did you copy that form Dictionary.com or something. lol
http://www.squidoo.com/wamuq
there you go.... it says it right in there that common shareholders are unsecured creditors
company has put an X by the line that reads:
"Debtor estimates that funds will be available for distribution to unsecured creditors".
Common shareholders are 'unsecured creditors'
Assets: $32 Billion.
Debts: $8 Billion.
Also the company has put an X by the line that reads:
"Debtor estimates that funds will be available for distribution to unsecured creditors".
Common shareholders are 'unsecured creditors'.
So how much money is available to be distributed?
Of the $32 Billion in assets, roughly $18 Billion is secured loans by reputable entities, i.e. Govt and Commercial loans/bonds.
Also, they have $5 Billion cash on deposit with their bank, which is now owned by JPM.
JPM paid them $1.9 Billion for the bank
So, let's add it up:
$18B
$5B
$1.9B
Total $25B.
Subtract the $8B debt, and we have:
$17 Billion Net Worth (Minimum).
Outstanding Common Shares stands at 1.7 Billion shares.
SO, $17 Billion divided by 1.7 Billion equals a true market value of $10/share.
WAMUQ closed Friday, Oct. 3 at $0.155, +29%.
It seems that this bankruptcy proceeding is soon to be withdrawn, because from a financial standpoint, I see no reason for it to proceed.
This means is that the company would leave the OTC Pink Sheets market and return to the New York Stock Exchange. And the WAMUQ trading symbol would return to it's rightful place as WM.
We dont know for sure. But something good will come out of this company real soon. We will see what happens when the judge signes off on the 4.4 billion Monday. Im not sure what time of day that will be happening though
If everything goes smoothly
for $695 an hour they better.
There interested in us. Who cares what they would do for them... we only care about ourselfs and profit remember
I cant wait till next tuesday. Once its signed by the Judge and we get the 4.4 B the PPS will jump no doubt in my mind. Allgood things will come for this company in the future....Possible Buyout, 4.4 Billion dollars, CITI
Sheepdog. Here is a lesson for yah....
NYC- NEW YORK CITY
NYSE- NEW YORK STOCK EXCHANGE
YEAAHHHHH good job you leared something today
its NYSE you idiot. we just pointed that out to you....
sheepdog, where are you man? i really want to know what other company that is in pinks has that much in assets??
what other pink sheet stock has over billions in asset? please, do tell!
Look it FNM and FRE they are trading the same exact way. No this will not go below .06. GET REAL!
Im betting next tuesday or wensday will be the big one! since Wamu actually gets the 4.4 Billion in there hands. These might be the last chances to buy
Sry its not working dude. I wish it was though.....but hey this is the fourth green day we might have
today should be a great day! now that everyon knows that JPM is giving that 4.4 Billion to Wamu....we should be good
Read the posts on the board early. You'll find it
Well good. Hope alot of people will be talking about this tonight and early tomorrow morning.
Asian Market is down because we were down big today. We lead they follow